December 13, 2009 The past three weeks have been interesting to watch as the Dow (DIA ETF) has broadened causing traders to be shaken in and out of positions. Commodities have been under pressure as the US dollar has risen. Below are some charts of these investments and what I think could happen in the next couple weeks. DIA – Exchange Traded Fund As you can see the broadening formation is bearish as it results in a short term pullback. This type of price action is what frustrates breakout and novice traders. As traders jump into positions once the previous high is broken, they hope for a rally. Instead the market briefly moves higher then reverses and moves down to penetrate the previous pivot low. This is where breakout traders place … Read entire article »

Why Are American Silver Eagle Coins a Good Investment Now? Like other precious metals, silver is often used as an investment. Although no longer considered to be legal tender in the US, silver has been regarded as a store of value and a form of currency throughout the world for more than 4,000 years. If you compare the price of silver to the price of gold you would see that silver is considerably more volatile. That’s because there are fluctuations in the way silver is used. There can be large fluctuations between store of value and industrial uses that affect its valuation. And, because silver has lower market liquidity than gold its volatility also is greater. Silver still often tracks the price of gold because of the intrinsic value of … Read entire article »

There are many options out there to consider when looking to build your portfolio.  Gold investing has proven to be a popular option these days posting gains over 100% since 2000 and steadily on the rise. Merit Financial offers extensive options in precious metals investing with gold, silver, platinum, palladium bars, bullion, internationally recognized coins, certified numismatics and rarities for the individual investor. It can be hard to choose what route to take when considering investing in precious metals.  There are many different kinds and each has its own history of successes and failures.  But, for the most part, they have proven to be a smart investment for profitability, protection and privacy. Merit believes that owning physical metals is crucial to diversification and is suitable for 10-20 percent of an investment portfolio.  Therefore … Read entire article »

Have you been following the development of the last significant recession? In the event you have, you know that real estate investment was at the heart of the economic meltdown. In fact, the housing business has often been considered as one of the safest areas to invest in. The last recession certainly proved that assertion wrong. Even though other industries struggle, investment in gold remains strong. Much more folks are now investing in gold, which is 1 of the safest investment alternatives. It is worth noting that that you do not have to invest in just gold. Silver and Precious Metal Investment is also a very good alternative.   … Read entire article »